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Taxation

Would a $15 Minimum Wage Accelerate the Rural Exodus?

A strike of fast food restaurant employees in New York in 2012 gave birth to a movement demanding a substantial increase of the minimum wage in the United States, calling for it to rise to $15 an hour. Since then, several cities and states have established timelines for raising the minimum wage to that symbolic threshold. In Quebec, the major labour unions have taken up the charge, along with the symbolic $15 target.

Entrepreneurship and Economic Freedom: An Analysis of Empirical Studies

Entrepreneurship is one of the main engines of the economy. Entrepreneurs invest, create jobs, and help increase the standard of living of all. This Research Paper looks at the empirical connection between entrepreneurship and economic freedom. If there is a positive correlation between these two variables, then public policies aiming to support business creation must take this fact into account.

Viewpoint – Do Low Interest Rates Justify Deeper Deficits?

The federal deficit is rising, far beyond the $10 billion projected in the Liberal platform. It is widely repeated that now is a good time to borrow since interest rates are very low. Those who use this argument to justify borrowing forget that interest charges are not the only cost associated with deficits. This Viewpoint presents five alternative ways of thinking about the cost of deficits and infrastructure spending.

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